Today a fan asked me: Is this a bull market? Why am I losing money, and when will altcoins explode?
I asked him if he was trading frequently, and he said yes.
As for when altcoins will explode.
Early bull market: Bitcoin rises, Ethereum is weaker than Bitcoin. Some altcoins rise a bit, some are stagnant, and some sectors riding the hype will keep up with the rhythm.
Mid bull market: Some strong altcoins and hot sectors will complete their bull market gains ahead of time, and old mainstream coins will also start moving.
Late bull market: This is also the stage where Ethereum rises the most, leading a group of altcoins to peak, and it is also a general rise in altcoins.
In short, every round of the market is led by Bitcoin, except for the late bull market which is led by Ethereum.
The rhythm of Bitcoin, Ethereum, and altcoins.
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